Museums United Kingdom

Collector to lend Tracey Emin's bed to the Tate

Cologne-based industrialist, Count Christian Duerckheim, agrees ten-year loan

Emin appears on BBC Newsnight

The collector who bought Tracey Emin’s installation My Bed at auction earlier this month in London will lend the work to the Tate in London. Count Christian Duerckheim, a Cologne-based industrialist, has agreed to lend the work for at least ten years. He said in a statement: “I always admired the honesty of Tracey, but I bought My Bed because it is a metaphor for life, where troubles begin and logics die.” Emin says: "Count Duerckheim has done a very generous thing. I have always felt My Bed belongs at Tate. And now it will be. I cherish the moment to install it there."

Consigned by the UK collector and dealer Charles Saatchi, My Bed, 1998, fetched £2.5m (with buyer’s premium; est £800,000-£1.2m) at Christie's London on 1 July, selling to one of Emin’s dealers, Jay Jopling, who acquired the piece on behalf of Duerckheim. The work, which reflects the breakdown of a relationship, features condoms, empty bottles and dirty underwear. Saatchi bought the installation for £150,000 in 2000.

Last year, Duerckheim, donated 34 works on paper to the British Museum by 20th-century German artists including Georg Baselitz, Sigmar Polke, Blinky Palermo, A.R. Penck and Gerhard Richter. He built up his collection of contemporary German art in a fairly short period, from the mid 1970s to the early 1980s. In 2011, he sold 34 German works at Sotheby’s in London for £60m. Duerckheim’s wealth comes from investment in biotechnology.

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Comments

30 Jul 14
22:2 CET

AMCDONALD, NEWCASTLE UPON TYNE

Jeremy Paxman has quit Newsnight saying " it`s run by 13 year olds". A few weeks ago he was talking to Zizek for 5 minutes. 5 tiny minutes not even a Warholian 15 minutes. It`s Capitalism- with- Asian- values at the BBC from now on. Philosophising with Pussy Riot (as Zizek does) is beyond Ms Emin`s and the BBC`s five minute intellects. Count Christian Duerckheim could reduce too by taking the `o` out of his title. The uk artworld is remarkable for it`s lack of honesty and the betrayal of truth.

30 Jul 14
22:6 CET

M.F. SIBLEY, WASHINGTON

This is not art. Obviously, Count Duerckheim has more money than he knows what to do with. The standards for art today have absolutely nothing to do with talent but rather seeking who can get a rich "touch" to part with his/her millions all in the name of "art". Someone's messed up bed being portrayed as the idea of the "breakup of a relationship" and being called art is a joke on everyone involved - from the artist, the auctioneer, the buyer and the museum willing to take it on for the next ten years. It's all rather like a case of the Emperor's New Clothes. Who's kidding who here? Perhaps I can pile up a week's worth of trash and garbage and call it "the disintegration of life as we know it" and some billionaire will want to have the new "flavor of the month" artist creation to brag about to the jet set for several million dollars. Well, it's worth a try.

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